Schedule A amended as of June 30, 2016 to the Sub-Advisory Agreement dated January 11, 2013 between AdvisorShares Investments, LLC and Treesdale Partners, LLC ADVISORSHARES TRUST Treesdale Rising Rates ETF

Exhibit (d)(21)

Schedule A

amended as of June 30, 2016

to the

Sub-Advisory Agreement

dated January 11, 2013

between

AdvisorShares Investments, LLC

and

Treesdale Partners, LLC

ADVISORSHARES TRUST

Treesdale Rising Rates ETF

Agreed and Accepted:

AdvisorShares Investments, LLC		Treesdale Partners, LLC
By:		By:
/s/ Xxx Xxxxxx		/s/ Xxxx Xxx
Name:		Name:
Xxx Xxxxxx		Xxxx Xxx
Title:		Title:
Managing Director		Managing Partner